this post was submitted on 04 Jan 2026
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A Boring Dystopia
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You have to be an idiot to gamble at these sites. I already feel like an idiot for having money in the stock market with all the insider trading, but thanks to inflation you're fucked if you do and fucked if you don't.
The stock market is a global suicide machine, change my mind
It's a ponzi scheme supporting millions of people's retirements, myself included.
Ideally we have social security, which is a much more regulated and carefully managed ponzi scheme but the people in power use it like a piggy bank because it's not like they're going to be around when it runs dry.
I live in a country with a quite strong social security scheme, but the money in our social security funds, like pensions, is mostly invested in the stock market anyways.
Unless you had an active decision in oar were privy to the making of the attack happen.
The fact that you end up potentially gambling against insiders like this is one thing that makes these bet on anything sites so dumb to interact with in the first place. Which also makes me not really care about this particular grift.
Gambling is for idiots, so it works out.
IMHO there ought to be a peer-to-peer version so we can buy Trump Insurance without getting fucked from above.
Gambling on something like this is definitely risky, but it's not as risky if you're using it to bet on something more defined like sports or who will win the next presidential election.
If someone is going to rig the sports game, then it's now rigged for all people betting on that game at all locations, not just here.
And at a decentralized platform like this, that should ultimately be safer than the alternatives.